Rising demand for reducing the shipping costs accompanied with the focus on managing timely delivery of goods is anticipated to fuel the 3PL market over the forecast timeline. It helps in reducing the capital costs and enabling businesses to focus on their core competencies. 3PL services are not only restricted toward logistics, but also include value-addition services for the entire process from procurement to distribution to consumers, thereby establishing an efficient and effective supply chain. In addition, advanced IT solutions, such as Electronic Data Interchange(EDI) and Vendor Managed Inventory (VMI), offers visibility to inbound and outbound logistics operations and contributes to the growth of the 3PL market.

The global Third Party Logistics (3PL) market was valued at US$ 985800 million in 2022 and is anticipated to reach US$ 1479420 million by 2029, witnessing a CAGR of 7.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Third Party Logistics (3PL) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Third Party Logistics (3PL) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Third Party Logistics (3PL) in Air is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Third Party Logistics (3PL) include AmeriCold Logistics LLC, DHL Supply Chain, FedEx, Nippon Express Co., Ltd and UPS Supply Chain Solutions, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Third Party Logistics (3PL), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Third Party Logistics (3PL).

The Third Party Logistics (3PL) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Third Party Logistics (3PL) market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Third Party Logistics (3PL) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Third Party Logistics (3PL) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Transportation

1.2.3 Warehouse/Distribution

1.2.4 Forwarder

1.2.5 Shipper/Management

1.2.6 Financial

1.2.7 Information

1.3 Market by Application

1.3.1 Global Third Party Logistics (3PL) Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Air

1.3.3 Sea

1.3.4 Rail & Road

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Third Party Logistics (3PL) Market Perspective (2018-2029)

2.2 Third Party Logistics (3PL) Growth Trends by Region

2.2.1 Global Third Party Logistics (3PL) Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Third Party Logistics (3PL) Historic Market Size by Region (2018-2023)

2.2.3 Third Party Logistics (3PL) Forecasted Market Size by Region (2024-2029)

2.3 Third Party Logistics (3PL) Market Dynamics

2.3.1 Third Party Logistics (3PL) Industry Trends

2.3.2 Third Party Logistics (3PL) Market Drivers

2.3.3 Third Party Logistics (3PL) Market Challenges

2.3.4 Third Party Logistics (3PL) Market Restraints

3.1 Global Top Third Party Logistics (3PL) Players by Revenue

3.1.1 Global Top Third Party Logistics (3PL) Players by Revenue (2018-2023)

3.1.2 Global Third Party Logistics (3PL) Revenue Market Share by Players (2018-2023)

3.2 Global Third Party Logistics (3PL) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Third Party Logistics (3PL) Revenue

3.4 Global Third Party Logistics (3PL) Market Concentration Ratio

3.4.1 Global Third Party Logistics (3PL) Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Third Party Logistics (3PL) Revenue in 2022

3.5 Third Party Logistics (3PL) Key Players Head office and Area Served

3.6 Key Players Third Party Logistics (3PL) Product Solution and Service

3.7 Date of Enter into Third Party Logistics (3PL) Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Third Party Logistics (3PL) Historic Market Size by Type (2018-2023)

4.2 Global Third Party Logistics (3PL) Forecasted Market Size by Type (2024-2029)

5.1 Global Third Party Logistics (3PL) Historic Market Size by Application (2018-2023)

5.2 Global Third Party Logistics (3PL) Forecasted Market Size by Application (2024-2029)

6.1 North America Third Party Logistics (3PL) Market Size (2018-2029)

6.2 North America Third Party Logistics (3PL) Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Third Party Logistics (3PL) Market Size by Country (2018-2023)

6.4 North America Third Party Logistics (3PL) Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Third Party Logistics (3PL) Market Size (2018-2029)

7.2 Europe Third Party Logistics (3PL) Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Third Party Logistics (3PL) Market Size by Country (2018-2023)

7.4 Europe Third Party Logistics (3PL) Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Third Party Logistics (3PL) Market Size (2018-2029)

8.2 Asia-Pacific Third Party Logistics (3PL) Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Third Party Logistics (3PL) Market Size by Region (2018-2023)

8.4 Asia-Pacific Third Party Logistics (3PL) Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Third Party Logistics (3PL) Market Size (2018-2029)

9.2 Latin America Third Party Logistics (3PL) Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Third Party Logistics (3PL) Market Size by Country (2018-2023)

9.4 Latin America Third Party Logistics (3PL) Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Third Party Logistics (3PL) Market Size (2018-2029)

10.2 Middle East & Africa Third Party Logistics (3PL) Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Third Party Logistics (3PL) Market Size by Country (2018-2023)

10.4 Middle East & Africa Third Party Logistics (3PL) Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 AmeriCold Logistics LLC

11.1.1 AmeriCold Logistics LLC Company Detail

11.1.2 AmeriCold Logistics LLC Business Overview

11.1.3 AmeriCold Logistics LLC Third Party Logistics (3PL) Introduction

11.1.4 AmeriCold Logistics LLC Revenue in Third Party Logistics (3PL) Business (2018-2023)

11.1.5 AmeriCold Logistics LLC Recent Development

11.2 DHL Supply Chain

11.2.1 DHL Supply Chain Company Detail

11.2.2 DHL Supply Chain Business Overview

11.2.3 DHL Supply Chain Third Party Logistics (3PL) Introduction

11.2.4 DHL Supply Chain Revenue in Third Party Logistics (3PL) Business (2018-2023)

11.2.5 DHL Supply Chain Recent Development

11.3 FedEx

11.3.1 FedEx Company Detail

11.3.2 FedEx Business Overview

11.3.3 FedEx Third Party Logistics (3PL) Introduction

11.3.4 FedEx Revenue in Third Party Logistics (3PL) Business (2018-2023)

11.3.5 FedEx Recent Development

11.4 Nippon Express Co., Ltd

11.4.1 Nippon Express Co., Ltd Company Detail

11.4.2 Nippon Express Co., Ltd Business Overview

11.4.3 Nippon Express Co., Ltd Third Party Logistics (3PL) Introduction

11.4.4 Nippon Express Co., Ltd Revenue in Third Party Logistics (3PL) Business (2018-2023)

11.4.5 Nippon Express Co., Ltd Recent Development

11.5 UPS Supply Chain Solutions

11.5.1 UPS Supply Chain Solutions Company Detail

11.5.2 UPS Supply Chain Solutions Business Overview

11.5.3 UPS Supply Chain Solutions Third Party Logistics (3PL) Introduction

11.5.4 UPS Supply Chain Solutions Revenue in Third Party Logistics (3PL) Business (2018-2023)

11.5.5 UPS Supply Chain Solutions Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Third Party Logistics (3PL) Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Transportation

    Table 3. Key Players of Warehouse/Distribution

    Table 4. Key Players of Forwarder

    Table 5. Key Players of Shipper/Management

    Table 6. Key Players of Financial

    Table 7. Key Players of Information

    Table 8. Global Third Party Logistics (3PL) Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Third Party Logistics (3PL) Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 10. Global Third Party Logistics (3PL) Market Size by Region (2018-2023) & (US$ Million)

    Table 11. Global Third Party Logistics (3PL) Market Share by Region (2018-2023)

    Table 12. Global Third Party Logistics (3PL) Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 13. Global Third Party Logistics (3PL) Market Share by Region (2024-2029)

    Table 14. Third Party Logistics (3PL) Market Trends

    Table 15. Third Party Logistics (3PL) Market Drivers

    Table 16. Third Party Logistics (3PL) Market Challenges

    Table 17. Third Party Logistics (3PL) Market Restraints

    Table 18. Global Third Party Logistics (3PL) Revenue by Players (2018-2023) & (US$ Million)

    Table 19. Global Third Party Logistics (3PL) Market Share by Players (2018-2023)

    Table 20. Global Top Third Party Logistics (3PL) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Third Party Logistics (3PL) as of 2022)

    Table 21. Ranking of Global Top Third Party Logistics (3PL) Companies by Revenue (US$ Million) in 2022

    Table 22. Global 5 Largest Players Market Share by Third Party Logistics (3PL) Revenue (CR5 and HHI) & (2018-2023)

    Table 23. Key Players Headquarters and Area Served

    Table 24. Key Players Third Party Logistics (3PL) Product Solution and Service

    Table 25. Date of Enter into Third Party Logistics (3PL) Market

    Table 26. Mergers & Acquisitions, Expansion Plans

    Table 27. Global Third Party Logistics (3PL) Market Size by Type (2018-2023) & (US$ Million)

    Table 28. Global Third Party Logistics (3PL) Revenue Market Share by Type (2018-2023)

    Table 29. Global Third Party Logistics (3PL) Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 30. Global Third Party Logistics (3PL) Revenue Market Share by Type (2024-2029)

    Table 31. Global Third Party Logistics (3PL) Market Size by Application (2018-2023) & (US$ Million)

    Table 32. Global Third Party Logistics (3PL) Revenue Market Share by Application (2018-2023)

    Table 33. Global Third Party Logistics (3PL) Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 34. Global Third Party Logistics (3PL) Revenue Market Share by Application (2024-2029)

    Table 35. North America Third Party Logistics (3PL) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. North America Third Party Logistics (3PL) Market Size by Country (2018-2023) & (US$ Million)

    Table 37. North America Third Party Logistics (3PL) Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Europe Third Party Logistics (3PL) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Europe Third Party Logistics (3PL) Market Size by Country (2018-2023) & (US$ Million)

    Table 40. Europe Third Party Logistics (3PL) Market Size by Country (2024-2029) & (US$ Million)

    Table 41. Asia-Pacific Third Party Logistics (3PL) Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Asia-Pacific Third Party Logistics (3PL) Market Size by Region (2018-2023) & (US$ Million)

    Table 43. Asia-Pacific Third Party Logistics (3PL) Market Size by Region (2024-2029) & (US$ Million)

    Table 44. Latin America Third Party Logistics (3PL) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Latin America Third Party Logistics (3PL) Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Latin America Third Party Logistics (3PL) Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Middle East & Africa Third Party Logistics (3PL) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 48. Middle East & Africa Third Party Logistics (3PL) Market Size by Country (2018-2023) & (US$ Million)

    Table 49. Middle East & Africa Third Party Logistics (3PL) Market Size by Country (2024-2029) & (US$ Million)

    Table 50. AmeriCold Logistics LLC Company Detail

    Table 51. AmeriCold Logistics LLC Business Overview

    Table 52. AmeriCold Logistics LLC Third Party Logistics (3PL) Product

    Table 53. AmeriCold Logistics LLC Revenue in Third Party Logistics (3PL) Business (2018-2023) & (US$ Million)

    Table 54. AmeriCold Logistics LLC Recent Development

    Table 55. DHL Supply Chain Company Detail

    Table 56. DHL Supply Chain Business Overview

    Table 57. DHL Supply Chain Third Party Logistics (3PL) Product

    Table 58. DHL Supply Chain Revenue in Third Party Logistics (3PL) Business (2018-2023) & (US$ Million)

    Table 59. DHL Supply Chain Recent Development

    Table 60. FedEx Company Detail

    Table 61. FedEx Business Overview

    Table 62. FedEx Third Party Logistics (3PL) Product

    Table 63. FedEx Revenue in Third Party Logistics (3PL) Business (2018-2023) & (US$ Million)

    Table 64. FedEx Recent Development

    Table 65. Nippon Express Co., Ltd Company Detail

    Table 66. Nippon Express Co., Ltd Business Overview

    Table 67. Nippon Express Co., Ltd Third Party Logistics (3PL) Product

    Table 68. Nippon Express Co., Ltd Revenue in Third Party Logistics (3PL) Business (2018-2023) & (US$ Million)

    Table 69. Nippon Express Co., Ltd Recent Development

    Table 70. UPS Supply Chain Solutions Company Detail

    Table 71. UPS Supply Chain Solutions Business Overview

    Table 72. UPS Supply Chain Solutions Third Party Logistics (3PL) Product

    Table 73. UPS Supply Chain Solutions Revenue in Third Party Logistics (3PL) Business (2018-2023) & (US$ Million)

    Table 74. UPS Supply Chain Solutions Recent Development

    Table 75. Research Programs/Design for This Report

    Table 76. Key Data Information from Secondary Sources

    Table 77. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Third Party Logistics (3PL) Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Third Party Logistics (3PL) Market Share by Type: 2022 VS 2029

    Figure 3. Transportation Features

    Figure 4. Warehouse/Distribution Features

    Figure 5. Forwarder Features

    Figure 6. Shipper/Management Features

    Figure 7. Financial Features

    Figure 8. Information Features

    Figure 9. Global Third Party Logistics (3PL) Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 10. Global Third Party Logistics (3PL) Market Share by Application: 2022 VS 2029

    Figure 11. Air Case Studies

    Figure 12. Sea Case Studies

    Figure 13. Rail & Road Case Studies

    Figure 14. Third Party Logistics (3PL) Report Years Considered

    Figure 15. Global Third Party Logistics (3PL) Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 16. Global Third Party Logistics (3PL) Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 17. Global Third Party Logistics (3PL) Market Share by Region: 2022 VS 2029

    Figure 18. Global Third Party Logistics (3PL) Market Share by Players in 2022

    Figure 19. Global Top Third Party Logistics (3PL) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Third Party Logistics (3PL) as of 2022)

    Figure 20. The Top 10 and 5 Players Market Share by Third Party Logistics (3PL) Revenue in 2022

    Figure 21. North America Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. North America Third Party Logistics (3PL) Market Share by Country (2018-2029)

    Figure 23. United States Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Canada Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Europe Third Party Logistics (3PL) Market Share by Country (2018-2029)

    Figure 27. Germany Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. France Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. U.K. Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Italy Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Russia Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Nordic Countries Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Asia-Pacific Third Party Logistics (3PL) Market Share by Region (2018-2029)

    Figure 35. China Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Japan Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. South Korea Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Southeast Asia Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. India Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Australia Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Latin America Third Party Logistics (3PL) Market Share by Country (2018-2029)

    Figure 43. Mexico Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Brazil Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Middle East & Africa Third Party Logistics (3PL) Market Share by Country (2018-2029)

    Figure 47. Turkey Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Saudi Arabia Third Party Logistics (3PL) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 49. AmeriCold Logistics LLC Revenue Growth Rate in Third Party Logistics (3PL) Business (2018-2023)

    Figure 50. DHL Supply Chain Revenue Growth Rate in Third Party Logistics (3PL) Business (2018-2023)

    Figure 51. FedEx Revenue Growth Rate in Third Party Logistics (3PL) Business (2018-2023)

    Figure 52. Nippon Express Co., Ltd Revenue Growth Rate in Third Party Logistics (3PL) Business (2018-2023)

    Figure 53. UPS Supply Chain Solutions Revenue Growth Rate in Third Party Logistics (3PL) Business (2018-2023)

    Figure 54. Bottom-up and Top-down Approaches for This Report

    Figure 55. Data Triangulation

    Figure 56. Key Executives Interviewed